LG Balakrishnan & Bros Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting
31-07-2025 | 05:29 pm
31-07-2025 | 05:29 pm
L.G. Balakrishnan & Bros' board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a revenue of Rs 657.05 Cr and a net profit of Rs 66.97 Cr for the quarter.
Key strategic decisions include setting up a new manufacturing facility in Mexico for transmission products, with an initial investment of 10 million USD, funded by internal accruals. The board also authorized exploring new manufacturing plants in Vietnam/Thailand to cater to current and new customers in Southeast Asian markets. #LGBBROSLTD #Q1Results #Expansion 🚀
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